# PPP loan: CASTRO BUSINESS ENTERPRISES INC.
> **$388K** approved 04/14/2020 · Paid in Full · Loan `7895837107`
## Borrower
- **Name:** CASTRO BUSINESS ENTERPRISES INC.
- **Address:** 2012 AVENIDA GILBERTO MONROIG VILLA PALMER, SAN JUAN, PR, 00912
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $394K (102%)
- **Forgiveness date:** 10/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $78K
- **Utilities:** $19K
- **Jobs reported:** 151
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*